How this pay raise percentage calculator works
The calculator compares your current pay with your
new pay and shows:
- the raise amount (difference between new and current pay), and
- the raise percentage (how much the new pay is above the old pay).
The main formula is:
Raise amount = New pay − Current pay
Raise % = (New pay − Current pay) ÷ Current pay
The percentage is then multiplied by 100 and shown as a percentage with the rounding
you select.
Example: calculating your raise
Suppose you currently earn $3,000 per month and your manager offers a
new salary of $3,300 per month.
- Current pay = 3,000
- New pay = 3,300
The raise amount is:
Raise amount = 3,300 − 3,000 = 300
The raise percentage is:
Raise % = 300 ÷ 3,000
= 0.10
= 10%
So you’re getting a 10% raise.
What if the result is negative?
If your new pay is lower than your current pay, the calculator will
show a negative amount and a negative percentage. That indicates a pay cut rather than
a raise.
For example, going from 3,000 to 2,700:
Change amount = 2,700 − 3,000 = −300
Change % = −300 ÷ 3,000 = −0.10 = −10%
In this case the percentage tells you how much your pay has dropped.
Frequently asked questions
Do I need to convert my pay to yearly amounts?
No. The calculator only looks at the relative change between the two values. You can
enter hourly, weekly, monthly or annual pay as long as both figures use the same
frequency.
How can I compare two different offers?
You can treat one offer as your “current pay” and the other as your “new pay” to see
the percentage difference between them, even if you haven’t accepted either yet.
Does this include bonuses or benefits?
The calculator only works with the numbers you enter. If you want to include bonuses or
benefits, convert them into an estimated amount per period and add them to your base
pay before entering the values.